Normalization of spot rates for containerized maritime transport would only take place in May 2023

Posted August 10, 2022 at 12:08 pm

July generally marks the height of the high season for container shipping. However, decreasing spot (short-term) rates continue to be observed. As an example, the FBX Global Weekly Index declined 7% during July and is down 37% compared to the peak associated with Chinese New Year.

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